Amid the broader market consolidation, the TRON coin price failed to sustain above the $0.123 barrier. The supply pressure at this resistance created a new lower high, projecting an early sign of market sentiment shifting from ‘buy-on-dips’ to ‘sell-on-rallies’. With an intraday loss of 1.8%, the TRX price headed to the immediate support of $0.11. Will this floor hold amid pre-halving consolidation in the market?
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Is TRX Price Correction heading to $0.1?
Tron Price| Tradingview
The TRON coin entered its current correction trend in late February as the price reverted from $0.143. This bearish turnaround has tumbled the coin value 22% within seven weeks to trade at $0.112.
The falling price is poised to challenge the $0.11 support for a bearish breakdown which may strengthen the seller’s grip over this asset for extended downfall. A successful breakdown will tumble the TRX price another 12% to
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